[Lombard Finance Launches Bitcoin On-Chain Credit Strategy, Flow Traders Becomes Pilot Partner] According to The Block, Bitcoin financial products startup Lombard Finance has announced the launch of a new product called the 'Bitcoin On-Chain Credit Strategy,' with global trading firm Flow Traders as its pilot partner. The product will allow Flow Traders to borrow stablecoins for market-making without providing on-chain collateral. According to the announcement, the Bitcoin deposited in Lombard's Bitcoin Earn yield product will be underwritten through Cap's private credit platform as collateral.